Virginia Stock Corporation Act; changes to Act.
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “An Act to amend and reenact §§ 13.1-603, 13.1-616, 13.1-619, 13.1-624, 13.1-632, 13.1-639, 13.1-643, 13.1-646, 13.1-671.1, 13.1-672.1, 13.1-672.3, 13.1-672.4, 13.1-672.5, 13.1-689, 13.1-691, 13.1-724, 13.1-741.1, 13.1-754, and 13.1-770 of the Code of Virginia and to amend the Code of Virginia by...” Read the full text
2026 session
What it does
Virginia Stock Corporation Act. Makes various changes to the Virginia Stock Corporation Act, many of which conform the Act to recent changes to the Model Business Corporation Act produced by the Corporate Laws Committee of the American Bar Association's Business Law Section. Among other things, the bill (i) addresses the authority of a board of directors to delegate authority with respect to the issuance of shares to a committee of the board and one or more of the corporation's officers, (ii) re
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Introduced · Jan 13, 2026
Acts of Assembly Chapter 892 (latest official status)
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
1
sponsor on the bill
Sponsors
David W. Marsden
Recorded votes
House amendments agreed to by Senate (40-Y 0-N 0-A)Senate · 2026-03-11 · P · Y 40
Passed House with amendments (99-Y 0-N 0-A)House of Delegates · 2026-03-10 · P · Y 99
Reported from Labor and Commerce with amendment(s) (21-Y 0-N)House of Delegates · 2026-03-05 · P · Y 21, X 1
Subcommittee recommends reporting with amendment(s) (9-Y 0-N)House of Delegates · 2026-03-03 · P · Y 9
Read third time and passed Senate (38-Y 0-N 0-A)Senate · 2026-01-30 · P · Y 38, X 2
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)Senate · 2026-01-28 · P · Y 40
Reported from Commerce and Labor with substitute (15-Y 0-N)Senate · 2026-01-26 · P · Y 15
Roll-call results shown verbatim from the Virginia legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Acts of Assembly Chapter 892.